Cryptocurrency, a whole new mine field or a profitable new world?

A colocation data centre can help you significantly reduce the power, cooling and security costs of your mining operation

Society is in the middle of a Bitcoin boom. The popular cryptocurrency has steadily increased in value, reaching a record value of over $4000 already this year and shows no signs of stopping.

While Bitcoin may be the highest profile example of this new phenomenon, what are the options available for would be cryptocurrency miners?

>See also: A how-to-guide: payment for development services with cryptocurrency

Cryptocurrency mining is a big opportunity for those with the right strategy. But with so many currencies to choose from, how can you find a currency that balances costs and revenue while maximising your chances of earning big?

The competitive mining markets

Before choosing a cryptocurrency to start mining, it’s worth brushing up on the competitive nature of cryptomining.

All cryptocurrencies are validated against a distributed, peer-to-peer blockchain ledger….

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